Laurentian Bank of Canada is among the group of Toronto Stock Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.
Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.
Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
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STLC | Stelco Holdings Inc | 2 | 1 | 3 | 0 | 0 | 0 | 3.8333 | 3.5 | Outperform |
CG | Centerra Gold Inc | 6 | 3 | 0 | 0 | 0 | 0 | 4.6667 | 4.625 | Buy |
LB | Laurentian Bank of Canada | 0 | 0 | 5 | 1 | 3 | 0 | 2.2222 | 2.125 | Underperform |
ERE-UN | European Residential REIT | 3 | 2 | 5 | 0 | 0 | 0 | 3.8 | 3.7 | Outperform |
All data provided as of February 22, 2024.
More about Laurentian Bank of Canada
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients.
Laurentian Bank of Canada is listed under LB on the Toronto Stock Exchange.
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